Just thought I'd look at a couple of things:
1. How ASH has been treated by the market:
2. The Top Shareholder's returns versus current Market Capital (please correct me if my numbers appear out!?):
Fin Year 2021-2022 | Fin Year 2022-2023 | 1st Half 2023-2024 |
ASH | ASH | ASH |
Major SHLDRs returns in 2.5 Years = | $12,794,470 |
No. shares held ie. | 55.76% |
|
80,279,030 | 80,279,030 | 80,279,030 |
Distributions | Distributions | Distributions |
0.06 | 0.06 | 0.005 |
$4,816,741.80 | $4,816,741.80 | $401,395.15 |
Franking | Franking | Franking |
0.275 | 0.275 | 0.275 |
$1,324,604.00 | $1,324,604.00 | $110,383.67 |
Total | Total | Total |
$6,141,346 | $6,141,346 | $511,779 |
|
|
|
Market Cap. March 6th 2024 | Approx. $30 Mil |
So, Market Cap. has dropped below m$30 Mil today, the major SHLDR has received $12,794,470 Div's Incl. Frking in 2.5 years.
I'd be pleased for someone to confirm my numbers!?
Should ASH be addressing past issues, what might it take for ASH to move back to 2012-2023 performances where similar Div's may result?
(20min delay)